China Rapid Finance

China Rapid Finance is a leading player in the online consumer lending marketplace in China. The company focuses on providing access to consumer credit for the expanding middle class in China, which is projected to reach RMB 5.4 trillion (US $870 billion) by 2020. With a customer base of 500 million economically active users, China Rapid Finance's technology-driven approach aims to provide inclusive financing for creditworthy individuals. The company has made strides in impacting China's consumer credit landscape through its advanced omni-channel borrower acquisition system and proprietary Big Data analytics technology platform. Established in 2001 by Mr. Zane Wang, PhD, the company has a strong foundation in credit risk management and innovation. The latest investment of $8.00MPost-IPO Equity came from True North in December 2019, showcasing continued investor interest in the company's growth potential. With a focus on Financial Services, Fintech, and the Internet, China Rapid Finance has positioned itself as a key player in the evolving landscape of consumer lending in China. With an extensive employee base and data verification centers across China, the company has demonstrated its commitment to operational excellence and transparency in its operations. With its founder's expertise in consumer credit market innovation and lending marketplace technology, the company is well-positioned to leverage its capabilities for sustained growth and impact in the market.